34 Longmeadow Road
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 30, 2025 | Sold | ||
| Sold | |||
| Apr 9, 2025 | In contract | - | |
| In contract | |||
| Apr 4, 2025 | Listed | $599,000 | |
| Listed | |||
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Charming and well-maintained, this 3-bedroom, 1-bath home, is nestled on a quiet side street with easy access to the highway and downtown Beverly. There are beautiful hardwood floors throughout, heat and cooling supplied via mini-split air conditioning system, and a bright and inviting layout. This home is both stylish and functional. The spacious unfinished basement offers the capability for a finished expansion. The backyard is a gardener's oasis, or an entertainer's dream with a large stone patio, firepit and newly installed fence. Enjoy the convenience of nearby shops, restaurants, beaches, and the commuter rail; all while coming home to a peaceful neighborhood setting. A fantastic opportunity for first-time buyers or those looking to downsize!
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| Sep 22, 2023 | Sold | ||
| Sold | |||
| Aug 30, 2023 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017